| Title: | Summary: Clay County Public School District No. 53 (Liberty), Missouri; Appropriations; School State Program |
| Price: | $175.00 |
| Publication Date: | Apr 29, 2008 |
| Report Type: | Summary |
| Abstract: | The issuer credit rating (ICR) on Clay County Public School District No. 53 (Liberty), Mo.'s general obligation (GO) debt has been raised to 'AA' from 'A+', reflecting consistently positive operations, maintenance of strong financial reserves, and solid tax base growth. At the same time, the rating on the district's lease participation certificates series 2007 has been raised to 'AA-' from 'A'. The district's pledge to appropriate the necessary rental payments to make annual debt service requirements backs the certificates. The 'AA+' enhanced rating on the district's GO school building bonds series 2008 reflects the direct deposit of monthly state aid payments to the trustee. State aid covers maximum annual program debt service more than 1.5x. The district has entered into |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Clay County Public School District No. ## (Liberty), Missouri; Appropriations; School State Program Publication date: ##-Apr-#### Primary Credit Analyst: Justin Formas, Chicago (###) ###-####;... |
| Word Count: | 1511 |
| Issuer: | Clay Cnty Pub Sch Dist #53 Liberty |
| Sector: | Public Finance |
| Country: | United States |
| Region: | United States |
| Format: | 
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